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Technology Stocks : Opticom ASA (OPC - Norway) Data Storage of the future!?

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To: GNMartin who wrote (65)12/27/1999 6:28:00 PM
From: Jimmie Landerman  Read Replies (2) of 84
 
Since my last posting Opticom have gone from somewhere around 400 NOK to 1960 NOK, not to bad ;-)

The reason seems to be that the Intel Investment in Thin Film Technologies and the Dell and Lycos investment in FAST Search and Transfer probably made one or two big American players to put their eyes and their money on the company.

Rumours are around that some american broker firm have put a strong buy on Opticom with target price 4500 NOK. I guess that explains the last weeks extreme raise in stockprice, and maybe we can expect another doubling!!!? Opticom will also be moved to the main stock list in Norway, which probably means that some funds want/have to take a position in the stock. (This is a guess, I know nothing about the Norwegian stock market, Swedish myself).

Read somewhere that a 1GB prototype will be launched in march or something like that, dont know if its true or not.

Merry Christmas (to late, I know...) and A Happy New Year!
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